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1817 S Ashland Avenue, 
Chicago, IL 60608

$515,000


8

Beds


8

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Mike Santore

Keller Williams Thrive

Last updated:

April 11, 2025, 10:50 AM

MLS#

11883142

Source:

MLSNI

About This Home

1817 S Ashland Avenue

Most Desirable Pilsen location within the business shopping district at 18th and Ashland Ave...with fantastic rental possibilities! A deceptively large building with approx. 1,300 sq. ft. per floor (times 4 levels)! You can walk to the 18th St.-PINK Line elevated train station. Minutes from downtown Chicago, lakefront, UIC campus, 18th St. entertainment and restaurants district, Thalia Hall, & IL Medical District. This is a legal 4 unit -- totally gutted and with architectural plans and general contractor in place--ready to develop this as 4 floors of living space. Property is currently within 1300 feet of the 18th Street Pink Line elevated train station for transit/parking exemption. Extra large floorplans...with large 2 bedroom, 2 bath in all 4 floor units....with central heat/AC and in-unit washer/dryer setups. Plans call for rooftop access for penthouse unit--extra value for owner occupied or top rental premium add-on. Property currently vacant for next owner to renovate/develop --the dirty work/demo already completed. Basement has been excavated and dug down to provide for 8 foot ceilings in garden level. Two car garage for off-street parking. Selling As-Is...property gutted and waiting for build permit as 4 unit. 4 rental units that will provide for great cash flow. High demand area in Pilsen...schedule soon for quick showing before it's under contract. Architectural plans can be transferred to purchaser...and general contractor will offer services to new buyer(s) if needed.

Home Facts

Multi-Family

8 Baths

8 Bedrooms

Built in 1892

Price Summary

515,000

MLS #:

11883142

Last Updated:

April 11, 2025, 10:50 AM

Added:

1 year(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8


Structure

Structure

Year Built:

1892


Finances & Disclosures

Finances

Price:

$515,000

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